Five Below: Fiscal Q4 Earnings Snapshot

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PHILADELPHIA (AP) — PHILADELPHIA (AP) — Five Below Inc. (FIVE) on Wednesday reported fiscal fourth-quarter profit of $202.2 million.

The Philadelphia-based company said it had net income of $3.65 per share.

The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.78 per share.

The discount retailer posted revenue of $1.34 billion in the period, which also fell short of Street forecasts. Ten analysts surveyed by Zacks expected $1.35 billion.

For the year, the company reported profit of $301.1 million, or $5.41 per share. Revenue was reported as $3.56 billion.

For the current quarter ending in April, Five Below said it expects revenue in the range of $826 million to $846 million.

The company expects full-year earnings to be $5.71 to $6.22 per share, with revenue ranging from $3.97 billion to $4.07 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIVE at https://www.zacks.com/ap/FIVE

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